Expedia (EXPE) customers are still traveling. The online travel site is up 17% on better than expected earnings and guidance. Expedia easily beat earnings estimates as sales rose 8% to $4.41 billion,  ahead of estimates. The company also raised guidance for the rest of the year, saying gross bookings would grow 7% from 3-5% last year. Expedia also said it grew room nights in the U.S. at the fastest pace in over three years, delivered our 17th consecutive quarter of double-digit growth. Piper Sandler upgraded the stock with a $250 price target.

Profit-taking in Tesla (TSLA). Tesla is down 3% as founder and CEO Elong Musk was award 425 million incentive-laden stock options worth roughly $1 trillion, if all performance incentives are met over the coming 10 years. The deal could be dilutive to current shareholders, but it does keep Elon Musk at the helm, focused on growing the company. The news was announced at Tesla’s annual meetings which some are comparing to Berkshire Hathaway’s annual gatherings. At the meeting, Elon Musk showcased SpaceX, xAI, Neuralink and his Boring Company.

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